Close to 2,000 trade fraud cases brought to light in Hanoi

The Hanoi Departments of Public Security and Industry and Trade have coordinated in handling nearly 2,000 cases of trade fraud and counterfeit products in the city. 

Deputy Director of the industry and trade department Chu Xuan Kien revealed the information at a conference in Hanoi on June 13. 

He said the two departments commenced criminal proceedings against 20 cases and 35 violators, adding that close to VND87 billion (US$3.9 million) was collected for the State budget. 

After more than one year of collaboration, the two sides have defined fields targeted by trade fraud and smuggling of fake goods as well as crime hot spots, thus building prevention and combat plans. 

Deputy head of the Hanoi Market Management Sub-department Nguyen Cong San said despites the efforts, there are shortcomings in the field due to a lack of staff and loopholes in the export business. 

The two sides will increase regular information exchanges on administrative punishment against violators in the coming time, while promptly disseminating legal documents on crime prevention and combat to agencies and businesses, and building plans to crack down on major trafficking rings, he added.

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